Ford and Geely join forces to produce ecological cars in Spain

Ford and Geely will manufacture low-emission vehicles in Valencia, Spain.

A strategic alliance

Ford and China’s Geely Auto announced an agreement to jointly manufacture low- or zero-emission vehicles at a Ford plant in Valencia, Spain. The alliance seeks to reactivate Ford’s offer in Europe and compete with Chinese manufacturers that dominate the global market.

If it receives regulatory approval, Ford will own two-thirds of the joint venture; Geely, also owner of Volvo and Polestar, will control the rest.

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Planned vehicles

Both companies plan five models. Ford will continue production of the Kuga plug-in hybrid and will launch a new Bronco in 2028. Geely will build two electric trucks at the plant, the first also in 2028. In addition, they will develop a “multi-energy” crossover that will hit the market that same year.

“The joint venture addresses the new realities of the European market—intense global competition, relentless cost pressure and increasingly strict regulations,” said a statement from the two companies.

Context of the decision

Ford has lost ground in Europe: from selling more than a million vehicles a decade ago, last year it sold less than half a million. The Valencia plant has capacity for 500,000 cars annually, but its production fell below 100,000 in 2025.

The alliance reduces financial pressure by sharing costs. Ford and Geely already have history: Ford sold Volvo Cars to the Chinese company in 2010.

“This deal provides a roadmap for how traditional manufacturers can survive and thrive in Europe,” said Jessica Caldwell, director of analytics at Edmunds. “Ford gains scale and cost efficiencies; Geely a shortcut to avoid EU tariffs.”

Challenges in the US

Meanwhile, in the United States, Donald Trump’s administration has weakened fuel efficiency standards and eliminated tax credits for electric vehicles. This creates uncertainty, but also drives manufacturers like Ford to look for opportunities in Europe.

“Like GM, Ford has been reducing its dependence on Europe. Now, with Geely, it can have new products designed for that market without assuming the entire development cost,” said Sam Fiorani, vice president of AutoForecast Solutions.

Chinese automakers, with government subsidies, have gained ground in Asia, Latin America and parts of Europe. The alliance with Geely not only expands China’s presence in local European production, but also helps keep Ford workers on the assembly line.

Venezuela announces its definitive withdrawal from the International Criminal Court

The Venezuelan government makes its departure from the international court official after criticizing geographical biases.

The government of Venezuela’s interim president, Delcy Rodríguez, announced on Friday its “firm and definitive” decision to withdraw from the International Criminal Court (ICC).

Foreign Minister Félix Plasencia explained in

The reasons behind the departure

The decision comes seven months after the National Assembly, with a pro-government majority, approved a law to repeal accession to the Statute. Plasencia accused the court of “geographical bias” and of concentrating its work “disproportionately in African and Latin American countries.” He added that the ICC has been “instrumentalized to deepen inequalities” and rejected the use of “lawfare”, a term that describes the use of the law as a political weapon.

Venezuela ratified the Statute in June 2000 during the mandate of Hugo Chávez. The ICC investigates war crimes and crimes against humanity when countries are unable or unwilling to do so.

Tensive relationship with the Prosecutor’s Office

The now former president Nicolás Maduro had criticized the Prosecutor’s Office in The Hague for closing its office in Caracas last December. The court argued “lack of real progress” in cooperation. Despite the closure, the investigation into the violence following the 2017 protests “remains active,” according to the ICC.

The investigation was opened in 2021 after a request from Argentina, Canada, Colombia, Chile, Paraguay and Peru. So far there are no arrest warrants.

In parallel, former chief prosecutor Karim Khan was dismissed on Friday for “serious misconduct”, in an unprecedented decision. Khan had already been suspended last June.

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Marco Rubio recognizes difficulties in resolving the conflict in Ukraine

Rubio seeks diplomatic alternatives for Ukraine at ASEAN summit.

Rubio at the ASEAN summit

US Secretary of State Marco Rubio participated in the 33rd ASEAN Regional Forum. During the meeting, he addressed the conflict in Ukraine with his Russian counterpart, Sergei Lavrov. Rubio assured that his country remains willing to collaborate to end the war, although he acknowledged that there is no quick solution. He stated that new diplomatic alternatives are required to reach an agreement acceptable to both parties.

Previous attempts at mediation have had limited results, the official admitted. However, Washington will continue to promote negotiations if favorable conditions exist. Russia, for its part, reiterated its willingness to seek a political solution, but insisted on rejecting the shipment of more Western weapons to Ukraine. Rubio responded that it will be necessary to present new proposals that can be accepted by both Moscow and kyiv, without modifying US military support for the Ukrainian government.

Regional tensions

As part of the summit, Rubio also met with Chinese Foreign Minister Wang Yi. He described the recent incident between Chinese and Philippine vessels in the South China Sea as “escalatory.” Despite the simultaneous conflicts in Ukraine, Iran and other regions, the Secretary of State affirmed that the United States maintains its strategic commitment to Asia. He stressed that diplomacy will continue to be a priority to reduce international tensions.

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Houthis attack Saudi oil tankers in the Red Sea and raise regional tension

Houthi rebels hit two Saudi ships in the Red Sea; There are no deaths reported.

Attack in the Red Sea

Yemen’s Iran-backed Houthi rebels claim to have hit two Saudi oil tankers in the Red Sea. The action raises tension in the Middle East and threatens to extend the regional conflict.

According to the Houthis, the ships Encelia and Layla were hit and caught fire. No deaths were reported.

The incident occurs while the international price of oil exceeded $100 per barrel. Fear of new interruptions in energy supply intensifies.

It is the first hit against Saudi vessels since the rebels announced a maritime blockade in the Bab el-Mandeb Strait. This route is strategic for world trade and the transit of oil to various regions.

This attack could have significant repercussions on the global energy market. The Bab el-Mandeb Strait is crucial for the flow of crude oil. The international community is closely watching the Houthis’ next steps and Saudi Arabia’s response.

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